Target Products manufactures high-quality running shoes. The following information is available for 2011

In addition, 42,400 pairs were produced in 2011 out of which 40,900 pairs were sold for $120 each. 4 Refer to Target Products information above. What is the cost of goods manufactured for 2011?

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Beginning Ending Raw materials inventory Work-in-process inventory Finished goods inventory 65,000 S 82,000 280.000 S 130,000 90,000 S 120,000 Raw materials purchased Direct labor costs Factory rent Factory supplies Factory utilities Factory depreciation Marketing costs Administrative costs S 250,000 S 340,000 S 60,000 S 20,000 S 15,000 S 30,000 S 25,000 S 20,000